Jamaica's Premier Financial Factsheet: To Enlighten, Enrich, and Engage.
Jamaica Observer: “Where does the economy go from here?”
Last Saturday both newspapers carried reports that the IMF not only revised the growth target for Jamaica but pointed to worrisome signs of increased poverty levels and high unemployment. The IMF is reported as calling this a “worrisome trend”.
Jamaica Observer: “Constraints to growth primarily on the supply side — PIOJ boss”
AT his media briefing last Monday, the new Director General of the Planning Institute of Jamaica (PIOJ), Dr Gladstone Hutchinson, announced the welcome news that compared to April 2010, the total employed labour force had increased by 21,300 persons in the May to September quarter just ended.
Jamaica Observer: “Jamaica on target with IMF – But concerns raised”
JAMAICA remains on target with its Stand-By Arrangement with the International Monetary Fund (IMF), passing the third quarter test as it did in the previous two.
Jamaica Gleaner: “Grim Days: IMF revises Jamaica’s growth forecast to negative”
The International Monetary Fund (IMF) announced yesterday that it had revised Jamaica’s economic growth target for the current fiscal year to -0.5 per cent.
Jamaica Observer: “BoJ reviewing current bank practices”
PRIME Minister Bruce Golding has disclosed that the Bank of Jamaica (BoJ) is currently reviewing the practices of commercial banks as they relate to interest rates.
Jamaica Gleaner: “BOJ downgrades growth prospects”
The Jamaican economy has been thrown into a tail-spin by several days of bad weather that affected the island in late September, with the country’s central bank this week unveiling a litany of negative economic prognostications, which have replaced its previous, more optimistic fore-cast for fiscal indicators such as GDP growth and shrinking inflation.
Jamaica Gleaner: “BOJ ready for credit bureau applications”
Jamaica’s central bank says it is ready to receive applications for the establishment of credit bureaux, now that the requisite laws and regulations have been passed.